Global Natural Carotene Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030.
The Natural Carotene Market is experiencing significant growth, driven by increasing consumer demand for natural ingredients in food, cosmetics, and dietary supplements. Carotene, a naturally occurring pigment found in various fruits and vegetables, is a powerful antioxidant that provides numerous health benefits, including improved eye health and reduced cancer risk. In 2023, the market for natural carotene was valued at approximately $1.5 billion and is projected to grow at a CAGR of 6% through 2030. This upward trend is attributed to rising health-consciousness among consumers and a shift towards natural and plant-based ingredients in food products.
One of the key drivers of this market growth is the growing preference for natural carotenoids in the food and beverage industry, where carotene is widely used as a natural colorant. The increasing popularity of plant-based diets and veganism also plays a role, as carotene is essential for the proper functioning of the body and is found abundantly in plant-based foods like carrots, sweet potatoes, and spinach. Moreover, as more people seek to reduce their reliance on synthetic additives, natural carotene is seen as a healthier alternative.
Carotene’s role in cosmetics is also noteworthy. It is often used in skincare products due to its ability to fight free radicals, thereby preventing premature aging and skin damage. Carotene is also used as a UV filter in sunscreen products, which has increased its demand in the personal care industry. Furthermore, the demand for carotene in the nutraceutical market is increasing as more consumers turn to supplements for enhanced immunity, healthy vision, and overall wellness.
The market is highly competitive, with key players like BASF, DSM, and Chr. Hansen holding substantial market share. These companies are continually innovating, developing new carotene products, and forming partnerships to meet the rising demand. The growing awareness of the potential health benefits of natural carotene and its widespread applications across multiple industries ensures a strong future for this market.
Get an In-Depth Research Analysis of the Global Natural Carotene Market Size And Forecast [2025-2032]
Zixin
Wuhan Stars
BASF
DSM
Kagome
LycoRed
Tomatia
Wellgreen Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Natural Carotene Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Natural Carotene Market
Food & Beverages
Pharmaceuticals
Personal Care
Others
Based on Types the Market is categorized into Below types that held the largest Natural Carotene market share In 2023.
α-Carotene
β-Carotene
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Natural Carotene Market Research Analysis
1. Introduction of the Global Natural Carotene Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Natural Carotene Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Natural Carotene Market, By Type
6. Global Natural Carotene Market, By Application
7. Global Natural Carotene Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Natural Carotene Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/